Form 4 for BGC BGC Group, Inc.
Accepted 2025-02-06 00:00:00 ET · period of report 2025-02-05 · accession 0001437749-25-003025 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-06 | 2025-02-05 | BGC | LUTNICK HOWARD W | COB, CEO, Dir, 10% | F - Tax | $9.38 | -721.6K | 5.62M | -11% | -$6.77M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.01 per share | 2025-02-05 | F | D | 721,590 | $9.38 | 5,616,612 | D | — | — | (F1) On February 5, 2025, BGC Group, Inc. (the "Company") accelerated the vesting of 1,304,864 restricted stock units ("RSUs"), which each represented a contingent right to receive one share of the Company's Class A common stock, par value $0.01 per share ("Class A Common Stock"), granted under the Company's Long Term Incentive Plan, previously held by the reporting person into an equal number of shares of the Company's Class A Common Stock. The reported transaction involved the withholding by the Company of 721,590 shares of Class A Common Stock for taxes. The remaining 583,274 shares of Class A Common Stock were issued to the reporting person. The acceleration of the vesting of the RSUs was approved by the Compensation Committee of the Board of Directors of the Company, as was the withholding of shares upon such vesting, which is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). |